Nov 28, 2012 7:00pm PST
-coming fiscal cliff. with time running out, there's hopeful talk but no real solutions. >> reporter: backed by 15 million americans, president obama says that he's optimistic about avoiding the so-called fiscal cliff, while at the same time pressuring law makers to get it done. >> i'm asking americans all across the country to make your voice heard. tell congress what a -- >> reporter: extra $2,000 in taxes next year if congress can't reach a deal by december 31st. republicans and democrats are at odds over taxes and entitlements, on taxes, the president wants them raised over $250,000. and the republicans disagree and instead want to cap them at 50,000. >> we're willing to put revenues on the table, as long as we're not raising the rates. >> reporter: balking at cuts to medicare, medicaid. and. >> we have already agreed to a trillion and a half dollars in cuts. in this session of congress. >> reporter: also on the hill today with one laugh of the bipartisan team that offered a deficit reduction plan in 2010. >> i'm hopeful but don't put me down anywhere near in optimistic category.
Dec 6, 2012 7:00pm PST
. >>> president obama took the debate over the fiscal cliff to a school teacher's dining -- visited them at their home. the president said the potential is causing people to stress as the end of the year approaches. said that the lines of communication are open. >>> the labor department says applications fell 25,000 to a seasonally adjusted -- claim spike following sandy. analysts say the effects of the storm are still being seen. >>> ahead of tomorrow's -- hundreds of same sex couples got licenses 400 marriage licenses in seattle alone. washington has a three day waiting period. earliest will be sunday. >>> it's considering closing store is having a ripple effect. the concerns are running especially high in one neighborhood where there are few other options. >> it took years to get a high quality grocery store to come here. now less than 18 months after it opened, fresh and easy may be closing. >> we fought hard to have it hard. >> the company who evens it announced that because of poor financial service it's looking to sell the chain. all 200 stores in california, nevada, and ariz
Dec 4, 2012 7:00pm PST
where the fiscal cliff is looming. today republican house leaders made moves to quiet some of the most conservative voices of dissent within their own party. two hard-lying tea party conservatives were removed from the house budget committee where elements of a fiscal cliff deal are to be considered. meanwhile president obama held his ground insigs on higher tax rates for the top 2% of the wealthiest americans. >>> the political wrangling but a damper on wall street as stocks finished slightly lower in a light strad trading day. the dow jones industrial lost 13, the nasdaq shed 5. shares in oakland-based pandora are plum etting after hours. the internet radio company posted better-than-expected quarterly results but lowered its outlook for the rest of the fiscal year. the company is facing stiffer competition from the likes of apple and microsoft. both companies are launching their own music service. pandora shares dropped 17% after the closing bell. >>> now, numbers and new numbers show home sales in california remain steady, a sign of the recovering housing market, but as john report
Dec 5, 2012 7:00pm PST
effort to avoid the fiscal cliff. >> let's allow higher rates to go up for the top 2% that include all of you, ewhy. >> the bet business leaders in washington, d.c. after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android products. >>> big cuts coming to cityback. 11,000 jobs worldwide. that'll save more than a billion dollars a year in expense. bank plans to scale back consumer operation in other country. not sure how many jobs cut in the u.s. >>> and the annual tree lighting ceremony. >>> the tree lying with a help of ten-year-old boy who has autism. the tree is a 50-footal white fir. it's decorated with onments made by disabled children and adults. >>> and more one wante